Li-Cycle Financials and Strategic Update
Black Mass Production and Financial Results Reflect Accelerating
Network Growth
Black Mass Production
Tonnes
8,000
Revenue
(US$M)
Fiscal year 2022
Annual
target production
6,500-7,500 tonnes
YTD
Annual
YTD
8,000
15.0
15.0
12.0
12.0
6,000
6,000
9.0
9.0
4,000
4,000
6.0
6.0
2,000
2,000
3.0
3.0
0
0
0.0
0.0
FY2020A FY2021A
FY 2022E
FY 1H21A FY 1H22A
FY 2020A
FY 2021A
FY 1H21A
FY 1H22A
Net Profit (Loss) (1)
(US$M)
50
0
-50
-100
-150
-200
-250
Adjusted EBITDA (2)
(US$M)
Annual
YTD
Annual
50
0
I
0
-10
-50
-100
-20
-150
-30
-200
-250
FY 2020A FY 2021A
FY 1H21A FY 1H22A
See "Reconciliation of IFRS and Non-IFRS Results" for an explanation of Adjusted EBITDA and reconciliation to the comparable IFRS measure.
FY 1022 profit was driven by Fair value gain on financial instruments.
1)
2)
Adjusted EBITDA is a non-IFRS financial measure.
YTD
0
-10
-20
-30
-40
-40
FY 2020A FY 2021A
FY 1H21A
FY 1H22A
Li-Cycle 25
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